SYDNEY (Reuters) – The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices. note: a private Ethereum blockchain is used
Artificial intelligence will reshape the world of finance over the next decade or so by automating investing and other services—but it could also introduce troubling systematic weaknesses and risks, according to a new report from the World Economic Forum (WEF).
“It’s the first time that an autonomous industrial control system will be deployed at this scale, to the best of our knowledge,” says Mustafa Suleyman, head of applied AI at DeepMind, the London-based artificial-intelligence company Google acquired in 2014.
Earlier this week Visa Inc. and Mastercard Inc., the world’s largest card networks, told an industry conference they will combine their Visa Checkout and Masterpass payment options into a single button. Spokesmen for American Express Co. and Discover Financial Services said their firms also will join the project. The aim, …